Lithium Americas CropSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
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GLXY...continued consolidation or new bull underwayGLXY has been correcting/consolidating during the last year but is starting to show signs of a potential new bull leg. The upmove from 2020 to 2021 was impulsive in nature (white) and has been correcting/consolidating (purple) forming a slightly downward channel (blue). Price has recently broke above the 55wk EMA (yellow) and needs to stay above there and break the upper channel (low $40s) in order to confirm that a new leg has started, but the structure looks complete and ready. Small long positions with a stop below the 55wk EMA are worth exploring in the short term for a run to the low $40s.
This company got slept on, price too high now60 minutes featured this company, it has made huge gains in house rentals and has seen a very large increase in revenue. Company to watch for during the next financial crash when the housing companies buy up all the homes as people walk away from their mortgages when interest rates climb too high for most to afford.
LONG TERM Dividends TA on ENB?Technical Analysis $ENB for a friend looking to add $ENB as a long-term investment
ENBRIDGE has been making gains and is a great Low P/E High Value Dividend Investment
here is a TA that brings us into 2026 $ENB Is no doubt a safe long-term investment no matter the price but that being said in this current GeoPolitical new world ENBridge could also show some growth potential that could send this stock price into a much higher tier with not much downside risk
Ready for a bullish breakout?It looks like this descending trendline will be broken in the following days/weeks. Then we could see a continuation of the bullish trend in this stock. According to fundamentals, it's somewhat likely that this mining corporation will benefit from the worldwide money inflation.
Technically, with a break of the trendline and a bullish impulse, the moving averages will line up, indicating an overall bullish chart picture.
$TRIP hidden gemCanada as well as multiple states are legalizing magic mushrooms. RedLight Holland is a leader in this space as well as recreational use in the Netherlands. They have made strides with the Canadian government to import magic truffles as well as made waves with Colorado's bill to legalize mushrooms for recreational and medical use. This stock was once valued 5x it's current price and it will go back. Anyone should buy as much of this stock at this retactment level as possible.
Expected levels
Low - 0.10
High - 0.50
An easy way to 5x your investment. The year 2023 is a big year for legislation surrounding mushrooms in the US and Canada. This will only increase the attractiveness of this stock. Its extremely undervalued as is.
LSPD (potentially) in a Trading rangeI think we recently assisted to the selling climax followed by the best rally since the beginning of the down trend (Automatic Rally). If so, the 2 parallel lines on the chart should be our trading range for the next little while.
It’s too soon for me to tell if it will be a redistribution or accumulation. Time will tell. Until then, there might be good long and short trades near the edges of this trading range.
A secondary test of the selling climax low would be a good confirmation of the trading range.
KRN: BULL FLAG BREAK OUT KRN (Karnalyte Resources)
Agriculture and fertilisers are hot industries now.
The chart is really overbought but I like this bull flag and will be looking for a break out of the flag for a short term trade.
If the pattern is confirmed, 1st target is 1.36, 2nd target is 2.17/2.34
Initial stop loss at 0.93, then raise it accordingly.
Trade safe!
Momentum Play for PlantXAfter over a month of trading sideways with low volume, both of PlantX's tickers (CSE: VEGA)(OTCQB: PLTXF) are exhibiting encouraing signs of a bullish reversal. First off, PVT has been following a nice step-ladder pattern over the course of March, with the most recent and significant "step up" starting on 3.18 and continuing yesterday after the weekend. MACD is also flying high, with a strong positive differential in the signal line, green histogram, and the most positive overall value seen by VEGA.CN YTD. The last part of the equation is short activity--short activity for VEGA decreased by some 160k shares to 458 from 2.28 through 3.15. With the books cleaner and a back-up of delayed asks cleared, VEGA may be cleared for a nice run of gains in the short/intermediate term.